IDO rules improvement
Mehmet Onsel
Some launchpads now put some strict rules to projects to protect their investors. One rule is that if price goes down and stay under IDO price along a week, they refund the remaining allocation. In this manner, last 5-6 Polkastarter projects would be refunded and investors would be protected. There are also additional protective measurements. I don't want to mention the names of these launchpads here but if you really care your investors, you should have a look to these rules. Polkastarter seems to have nothing to protect investors after buying an IDO and this needs to be improved. I see no precautions after very bad launches. I would like to kindly say that we feel just like abandoned after a project launch as investors. I appreciate if you take into consideration my recommendation.
Arthur Zablocki
That's a fair request. I am very surprised seeing launchpads releasing projects these past 8 weeks.
Some said to me that "projects have been forcing them to launch".
Launchpads are NOT just facilitators, but they are supposed to be the shepherds for the up and coming projects, able to tell them when the timing is right and when it isn't. Launchpads and projects for which IDOs are purely transactional, don't have a bright future.